Last week, Canara Bank in an RTI disclosure said it has written off loans worth Rs 1.29 lakh crore in last 11 yrs. Opposition leaders then slammed govt over 'loot' of public money.
After its affidavit to SC, govt orders issues waiver norms including cashback by 5 November. All standard accounts up to 29 February eligible for benefits.
The SC has asked the government to fix a definite date for implementation of its decision to waive compound interest on loans up to Rs 2 crore for the six-month moratorium period.
Supreme Court gives Modi govt over 2 more weeks to decide on waiver of interest for moratorium period after considering interest of all classes of creditors & all sectors of economy.
As UP and Maharashtra write off farmers’ loans and MP, Haryana, Rajasthan and Punjab struggle to tackle fresh demands for debt relief, Finance Minister Arun Jaitley says the Central government will not help foot the bill. And RBI Governor Urjit Patel calls loan waivers a “moral hazard”. Is it time to revisit this culture of farm loan waivers? We ask experts.
Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.
Vance, originally sceptical about US launching strikes against Iran, is reported to be worried that the US does not have enough interceptors and offensive missiles, something he has raised with Trump.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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